Spain Real-Time Payments Industry Overview
The competition in the Spain real-time payments market is high, and the market appears to be fragmented. Major players offer innovative payment solutions and indulge in mergers and acquisitions to gain market share. Major players in the Spain real-time payments market include ACI Worldwide Inc., Fiserv Inc., Mastercard Inc., and FIS Global, among others.
- March 2022 - Santander announced the launch of a real-time payments solution enabling customers to make transfers into Brazil in local currency. The new service, delivered through the bank's payments FinTech PagoNxt, will allow instant payments for companies from Europe to Brazil. The bank's SME and corporate clients in Spain will be able to make instant international payments in Brazilian real to recipients in Brazil through online banking.
- December 2021 - BNP Paribas continues to roll out the SEPA Instant Payments plan across Europe. BNP Paribas has activated SEPA Instant credit transfers in Spain for its corporate customers, including EDPR, a global leader in the renewable energy sector.
Spain Real-Time Payments Market Leaders
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ACI Worldwide Inc.
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FIS Global
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Paypal Holdings Inc.
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Fiserv Inc.
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Matercard Inc.
- *Disclaimer: Major Players sorted in no particular order
